USER GUIDE INTERNET BANKING FOR CORPORATES FX PURCHASE & SALE. Zagreb, June Privredna banka Zagreb d.d.

Transcription

1 USER GUIDE INTERNET BANKING FOR CORPORATES FX PURCHASE & SALE Zagreb, June 2015 Privredna banka Zagreb d.d.

2 TABLE OF CONTENTS: SAFETY WARNING... 2 WHAT DOES PBZCOM@NET PROVIDE IN THE SEGMENT OF PURCHASE AND SALE OF FOREIGN CURRENCY?... 2 FX PURCHASE AND SALE AT REGULAR EXCHANGE RATE... 3 PURCHASE AND SALE OF FOREIGN CURRENCY AT AGREED EXCHANGE RATE (FX DEAL CONFIRMATIONS)... 4 EXCHANGE RATE LIST PREVIEW... 6 Page 1

3 SAFETY WARNING IMPORTANT NOTICE!!! Upon finishing the work in the service, please act according to instructions set out in the image (Figure 1) Figure 1 -safety warning for PBZCOM@NET service If you notice that the web page does not start with end your work immediately because you are not on the Bank's web pages. By clicking the lock placed in front of or beside the web address for accessing the PBZCOM@NET service, make sure you check if the address is correct (Pogreška! Izvor reference nije pronađen.). Figure 2 - correct web page check (IE) WHAT DOES PBZCOM@NET PROVIDE IN THE SEGMENT OF PURCHASE AND SALE OF FOREIGN CURRENCY? Functionalities associated with the purchase and sale of foreign currency: FX purchase and sale at regular exchange rate FX purchase and sale at agreed exchange rate (FX Deal Confirmations) Preview of the exchange rates list Page 2

4 FX PURCHASE AND SALE AT REGULAR EXCHANGE RATE This functionality allows you to buy, to sell and to buy and sell foreign currency at regular rates up to the limited equivalent of HRK 200, per single transaction. Each transaction can be performed on a business day between 8:00 AM and 3:30 PM. The purchase and sale of foreign currency is effected promptly, and is visible in your transaction accounts movements. NOTE: in order to perform a transaction of buying and selling foreign currency, the phone number has to be entered within the option "Settings". Figure 3 - new order FX deals Required entries for purchase/sale of foreign currency: selection of payer's account and currency of sale currency and transaction account to be debited sale amount debut amount, amount you wish to sell selection of payee's account transaction account to be credited selection of buying currency currency you wish to buy purchase amount credit amount, amount you wish to buy note User's note to the Bank Entered is only the amount, amount of purchase or amount of sale. By pressing the button Calculate the screen shows the calculated value at the regular exchange rate applied by Privredna banka Zagreb d.d.. Page 3

5 After the calculation it is possible to check the accuracy of order Check, to store the order Save or to save it and send it immediately for signing Save and send for signing. To execute the order, it is required to click on the number of order and to select one of the offered options (Sign, Sign and Execute..). The order is executed in real time, and the existing orders can be viewed by selecting the option Order Preview within the section Order Preview. PURCHASE AND SALE OF FOREIGN CURRENCY AT AGREED EXCHANGE RATE (FX DEAL CONFIRMATIONS) The process of negotiating the purchase, sale or purchase and sale of foreign currency with the Treasury Division has been optimised with the possibility to receive and digitally sign the deal confirmations via For this, you have to sign an FX Master Agreement with the Bank. After you have opted for to be the channel for sending FX deal confirmations and after the authorisations have been given by the administrator to chosen persons in your company, you will be allowed to sign and view the FX deal confirmations. The menu for viewing and signing of FX deal confirmations is on the left side in the segment of FX purchase and sale, and it is visible only after you contracted the signing of FX deal confirmations through application. Figure 4 FX deals By selecting the adequate option from the pull down menu, it is possible to see FX deal confirmations that are ready for signing (option "For Signing"), then those that are signed and currently in processing (option "In processing"), those that are executed (option "Executed") and the cancelled deal confirmations (option "Cancelled"). Page 4

6 The list of FX deal confirmations displays: the number of deal confirmation, amount and currency you are buying, current deal confirmation status, FX deal contracting date, FX deal value date and the icon for displaying the FX deal confirmation in PDF format. By clicking the number of deal confirmation, the screen will open showing the FX deal details, as presented in Figure below. Figure 5 deal confirmation details The left hand side and single power signatory is allowed to change the number of settlement account and credit account immediately before the signing of a deal confirmation. Change can be made by clicking the icon located next to corresponding account number, and the corresponding account is selected from the menu that opens. The selection of accounts is limited only to accounts in corresponding currency. After changing any of those two accounts, it is required to click the button "Save the order" so as to store the changes made to the account number in the deal confirmation. If you click the button "Order history", you can view the history of the deal confirmation (all actions taken therein by the User), which is also specified in the FX deal confirmation details. Deal confirmation is signed in such a way that on the list of deal confirmations, in the first column (before the ordinal number), deal confirmations to be signed are marked and the button "Sign" (left hand signatory) or "Sign and execute" (right hand and single power signatory) clicked. After the deal confirmation has been properly signed (single power signatory, left hand side plus right hand side or left hand side plus single power signatory), it is automatically sent for execution to the bank, and can be seen in the option "In processing" until it has been settled. In case of a combination: left hand side signatory plus right hand side signatory, the Page 5

7 right hand side signatory is allowed to return the deal confirmation to be re-signed by a left hand side signatory if the selection of settlement / credit account turns out illogic (given that this is the only data a client can change). Also, if the deal confirmation is signed in pair, it is not allowed for a single person to sign it both on the left and right hand side. When signing SWAP deals, it is necessary to sign in the first place the first deal leg and only after that the second leg. EXCHANGE RATE LIST PREVIEW By selecting the link Exchange rate list on the left menu displayed is the valid exchange rate list for the current date. If you wish to retrieve the exchange rate list for a particular date, choose the date from the calendar and press the button "Update". Figure 6 exchange rate list Page 6